OXFORD-CAMBRIDGE ARC

WE'RE ALL OVER IT

At Bidwells, we’ve long recognised the Oxford-Cambridge Arc’s potential to transform the UK economy

For more than 180 years we have advised the Arc’s world-famous universities, who are among the biggest land landowners in the UK. Today, we manage its most significant real estate assets, including the world-renowned Cambridge Science Park and Harwell Campus in Oxford, Europe’s largest science park.

We’ve long understood that the Arc’s leading businesses and institutions are not driven simply by a chase for economic growth but by an academic push to combat the universal challenges threatening our planet and humankind.  

Our deep understanding of the region and unrivalled knowledge of its markets are our key differentiators, and the source of our ability to unlock value of behalf of our clients.

A Vision Built on Good Growth

Bidwells’ research suggests that current growth forecasts may underestimate the potential of the economic impact of the Arc. The projections do not take into account infrastructure investment, while also adopting conservative growth forecasts. We estimate the Oxford-Cambridge Arc contributed around £111bn to the UK economy in 2019 and it is projected to grow this contribution to almost £400bn by 2050.

But attitudes towards growth are changing. Consensus is building for rapid action to decarbonise our economies and our leaders are challenged to deliver ‘Good Growth’ - health, affordable housing and a high-quality environment - rather than simply jobs, skills, incomes and a rise in GDP.

With developers facing unprecedented pressure to respond to the public’s changing attitudes, a region already delivering high levels of Good Growth in forward-looking local authority areas such as Oxford and Cambridge, provides a golden opportunity for forward-looking sustainable development.

Recent
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Bidwells joins latest EG Podcast - Will talk follow action on Oxford Cambridge Arc?

Our Planning Partner Rob Hopwood recently joined EG’s Editor-in-Chief Damian Wild for the property magazine's latest Property Podcast to discuss the prospects for the Oxford-Cambridge Arc in the March 11 Budget.
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Cambridge’s knowledge economy is oven ready but should taste good to everyone

The early days of the general election campaign saw several overdue announcements in support of science and technology research.
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Science and Tech meets property at Bidwells’ 2019 Oxford-Cambridge Arc summit at The Crick

More than 550 science and technology researchers, architects, conservation groups, university vice-chancellors, local councillors and businesses, civil servants and property industry leaders convened at The Francis Crick Institute this week (Nov 26) for our 2019 Oxford-Cambridge Arc Conference in partnership with EG.
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Knowledge industries now dominating Oxford and Cambridge take-up

Offices and labs take up in Oxford and Cambridge has averaged 1 million sq ft per annum over the past three years, with almost 75% of this occupied by knowledge-based companies, finds Bidwells Research Director Sue Foxley.

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Insights and Research

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Our View on Oxfordshire Offices and Labs Spring 2020

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Oxford office demand reached a record high in 2019, shrugging off economic and political uncertainty. Bidwells' latest research reveals a fall in the Oxford office availability rate to 7% and 1.1 million sq ft of requirements, pushing prime rents to a new record high.
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Our View on Cambridgeshire Offices and Labs Spring 2020

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Bidwells has released its Spring 2020 Cambridgeshire offices and laboratories research, which shows a strong year for the city, with take-up well ahead of ten year average at 0.8m sq ft - the highest total since the record highs recorded in 2014/15.
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Our View on M1 South Industrial Summer 2019

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The first half of 2019 saw take-up in Milton Keynes already exceed that achieved in 2018 as a whole, helped in part by Amazon’s pre-let of Altitude at Magna Park. Overall, 1.1m sq ft were let in Milton Keynes over the last six months, pushing down the availability rate to 7%.

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